The robotic prosthetic market has undergone significant changes in recent years, with robotic prosthetic devices evolving from traditional prosthetics to mind-controlled prosthetic technologies. The growing trend of microprocessor controlled, myoelectric, body-powered, and hybrid prosthetic technologies are creating potential for new prosthetic applications and driving demand for robotic prosthetic devices.
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In robotic prosthetic market, various technologies such as microprocessor-controlled, myoelectric, body-powered, and hybrid prosthetics are used to mimic the appearance and replace the function of a missing limb. Increasing amputation across the globe due to increasing trauma, vascular diseases, diabetes, limb infection, and accidents are creating new opportunities for various robotic prosthetic technologies.
Lucintel, a leading global Management Consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in robotic prosthetic market and has now published a comprehensive research report titled “Technology Trends in the Global Robotic Prosthetic Market 2019-2024”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in robotic prosthetic market.
The Lucintel study finds that the robotic prosthetic market is forecast to grow at 8% over the next five years. Myoelectric prosthetic technology is the highest growing segment of the global robotic prosthetic market. In terms of cost, myoelectric prosthetic technology is having higher cost than other prosthetic technologies.
Emerging technology trends, which have a direct impact on the dynamics of the industry, include acceptance of mind-controlled prosthetic solutions and increasing use of myoelectric robotic prosthetics. Ottobock, Össur, Blatchford Group, SynTouch, Inc., and Mobius Bionics are among the major technology providers in the robotic prosthetic market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecasts for the global robotic prosthetic technology by technology, application, and region as follows:
By Technology Type [$M shipment analysis from 2013 to 2024]:
Microprocessor Controlled Prosthetics
Myoelectric Prosthetics
Body-Powered Prosthetics
Hybrid Prosthetics
By Application [$M shipment analysis from 2013 to 2024]:
Prosthetic Arm
Microprocessor Controlled Prosthetics
Myoelectric Prosthetics
Body-Powered Prosthetics
Hybrid Prosthetics
Prosthetic Leg/Knee
Microprocessor Controlled Prosthetics
Myoelectric Prosthetics
Prosthetic Feet/Ankle
Microprocessor Controlled Prosthetics
Myoelectric Prosthetics
Prosthetic Hand
Microprocessor Controlled Prosthetics
Myoelectric Prosthetics
Body-Powered Prosthetics
Hybrid Prosthetics
By Region [$M shipment analysis for 2013 – 2024]:
United States
Canada
Mexico
Germany
United Kingdom
France
Italy
Spain
A report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.